Project Syndicate

How Europe’s Band-Aid Ensures Greece’s Debt Bondage – Project Syndicate op-ed, 26 FEB 2018

ATHENS – Greece’s never-ending public-debt saga has come to signify the European Union’s inept handling of its inevitable eurozone crisis. Eight years after its bankruptcy, the Greek state’s persistent insolvency remains an embarrassment for Europe’s officialdom. That seems to be why, after having declared the euro crisis over in the rest of Europe, the authorities seem determined to declare final victory on the Greek front, too.

The High Cost of Denying Class War – Project Syndicate op-ed, 8th December 2017

ATHENS – The Anglosphere’s political atmosphere is thick with bourgeois outrage. In the United States, the so-called liberal establishment is convinced it was robbed by an insurgency of “deplorables” weaponized by Vladimir Putin’s hackers and Facebook’s sinister inner workings. In Britain, too, an incensed bourgeoisie are pinching themselves that support for leaving the European Union in favor of an inglorious isolation remains undented, despite a process that can only be described as a dog’s Brexit.

Lesbos’s Ghosts, Europe’s Disgrace – Project Syndicate op-ed, 31st October 2017

Oct 31, 2017 YANIS VAROUFAKIS ,  GEORGE TYRIKOS-ERGAS
In September alone, another 2,238 refugees arrived in Lesbos, despite Turkey’s attempts to cut the flow. A camp designed for 2,000 people now “houses” three times that number, behind rows of barbed wire, in a magma of mud, refuse, and human excrement. 

On negotiating with the EU & fiscal money – with Anatole Kaletsky & journalists from El Pais, Handelsblatt – Project Syndicate video

Yanis Varoufakis  discusses how to negotiate with the EU and his proposal to introduce fiscal money with Anatole Kaletsky, Co-Chairman of Gavekal Draganomics, David Alandete, Managing Editor of El Pais, and Torsten Riecke, Handelsblatt’s international correspondent.

Europe’s Gradualist Fallacy – Project Syndicate op-ed

ATHENS – Europe is at the mercy of a common currency that not only was unnecessary for European integration, but that is actually undermining the European Union itself. So what should be done about a currency without a state to back it – or about the 19 European states without a currency that they control?
The logical answer is either to dismantle the euro or to provide it with the federal state it needs. The problem is that the first solution would be hugely costly, while the second is not feasible in a political climate favoring the re-nationalization of sovereignty.